Stock Upgrades: Las Vegas Sands Corp. Is in Luck

Wall Street ratings agencies set the tone for today's stock market.

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Europe and the United States are currently at loggerheads but the four-day workweek, that quintessential continental invention, got off to a profitable start in America. The Dow (^DJI) and S&P 500 (^GSPC) are entitled to take Independence Day off after having now risen in four of the past five sessions. Citizens of the City by the Bay were grounded by a transit strike, but San Francisco's Onyx Pharmaceuticals (ONXX) was its own money train with a 51.27% surge.

MICHELIN CIE GEN DES (MGDDF): UBS takes the French tire firm to Buy from Neutral, sending it up about 2% in Paris this morning. Light-vehicle tires offer particular promise, the broker believes.

PetroChina Company Limited (ADR) (PTR): The stock gets upgraded to Overweight from Underweight at HSBC Securities.

Quiksilver, Inc. (ZQK): B. Riley raises the retailer to Buy from Neutral with a price objective of $9.25. Catalysts include an impressive new management team, including highly respected CEO Andy Mooney.

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